Shopify reported net income of $1.5 billion, up 66% YoY, on revenue of $3.58 billion. Excluding the equity investments, Shopify reported net income of $439 million, up 30% from the year-ago figure of $338 million. Shopify stock chartShopify's gap up on Wednesday places it right in the middle of two interesting levels. In a general sense, Shopify stock hasn't really gone anywhere in a year. From there Shopify stock launched a rally that terminated in the $176-$182 resistance zone that got its start all the way back in 2021.